From Somalia's Chaos, Housing Market Is Born

MOGADISHU—The flight of more than one million people amid Somalia's bloody power struggle has created a massive humanitarian challenge.

For Abdullahi Nur, it has opened up a new line of business.

Mr. Nur is among a band of property developers in Somalia who are catering to displaced people—getting into the real-estate business when most are getting out. "I can get a German-style villa or a two-story house for you,"...